India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
Global rooftop PV additions soar by 50% to 118 GW in 2022
The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.
PPA prices falling across Europe, says Pexapark
Pexapark says power purchase agreement (PPA) prices are falling in Europe, with prices in Spain and Portugal down by 6.4% and 6.2% to €40.90 ($43.99)/MWh and €39.60/MWh, respectively.
India installed third most solar capacity in the world in 2022
India installed an impressive 17.4 GW of new solar capacity in 2022, retaining its third spot in annual PV capacity addition globally.
Research shows polycrystalline panels from 11 different producers degrade more than warranty rate
A research group in Ghana has conducted a series of tests to assess the performance of polycrystalline solar modules in PV systems operating in their home country for at least 5 years. They found that the vast majority of the panels may ‘fail’ before 20 years in operation under outdoor conditions.
Agrivoltaics for vertical farming
An Italian research group has assessed the advantages of combining solar power generation in greenhouses with vertical farming. The scientists claim this new approach offers better land use while increasing agricultural yield.
France adds 601 MW of new PV systems in Q1
France reached 17.15 GW of cumulative installed PV capacity at the end of March.
Punjab tenders for purchase of 1.2 GW of solar power
The selected bidders will set up grid-connected solar projects anywhere in Punjab to supply the power.
US solar market expected to triple in size by 2028
The US solar industry had its best first quarter in history as supply chain challenges started to fade, according to the US Solar Market Insight Q2 2023 report.
Amp Energy India receives $250 million from SMBC, ICG, and AIIB
Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).
